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Post by shanghaiscouse on May 11, 2020 22:41:37 GMT
When I did my daily withdrawal today (later in afternoon as holding account was filling across the morning) for the first time RS sent me an automatic message asking me to give the reason why I wanted to withdraw, it wasn't like a condition before I could withdraw, more a market research thing. There was a drop-down box with a few choices but not including my reason, so I chose 'other' and typed 'because I'm afraid you'll go bust'. What did other people say?
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Post by jaycee on May 11, 2020 22:53:46 GMT
When I did my daily withdrawal today (later in afternoon as holding account was filling across the morning) for the first time RS sent me an automatic message asking me to give the reason why I wanted to withdraw, it wasn't like a condition before I could withdraw, more a market research thing. There was a drop-down box with a few choices but not including my reason, so I chose 'other' and typed 'because I'm afraid you'll go bust'. What did other people say? Because a 1.5% account that you can't withdraw from isn't the 3% Access account I agreed to keep open when they last changed all the rules.
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c88dnf
Member of DD Central
Posts: 364 
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Post by c88dnf on May 11, 2020 23:49:08 GMT
When I did my daily withdrawal today (later in afternoon as holding account was filling across the morning) for the first time RS sent me an automatic message asking me to give the reason why I wanted to withdraw, it wasn't like a condition before I could withdraw, more a market research thing. There was a drop-down box with a few choices but not including my reason, so I chose 'other' and typed 'because I'm afraid you'll go bust'. What did other people say? On Friday I said exactly the same as you! On Monday I said "risk/ reward profile no longer works for me". I don't imagine they'll give two hoots until too many people like us withdraw sizeable sums, at which point the shutters will come down as per Assetz Capital. I'm getting all funds out ASAP.
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Greenwood2
Member of DD Central
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Post by Greenwood2 on May 12, 2020 7:48:06 GMT
Skip!
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wapping35
Member of DD Central
Posts: 385
Likes: 210
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Post by wapping35 on May 12, 2020 8:43:54 GMT
Because I have no faith in their PF and projections.
The 50% interest rate hair cut is based on (reading the RS website) unemployment hitting 5.4% and GDP falling 0.8% but the Bank of England last week projected GDP falling 14% and unemployment hitting 9%.
That said I do hope RS's optimistic projections are correct.
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chris1200
Member of DD Central
Posts: 827
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Post by chris1200 on May 12, 2020 9:20:58 GMT
When I did my daily withdrawal today (later in afternoon as holding account was filling across the morning) for the first time RS sent me an automatic message asking me to give the reason why I wanted to withdraw, it wasn't like a condition before I could withdraw, more a market research thing. There was a drop-down box with a few choices but not including my reason, so I chose 'other' and typed 'because I'm afraid you'll go bust'. What did other people say? Hasn't this pop-up always been there?
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johnt
Investing in Ratesetter, Zopa and Assetz Capital since 2013
Posts: 127
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Post by johnt on May 12, 2020 9:41:05 GMT
When I did my daily withdrawal today (later in afternoon as holding account was filling across the morning) for the first time RS sent me an automatic message asking me to give the reason why I wanted to withdraw, it wasn't like a condition before I could withdraw, more a market research thing. There was a drop-down box with a few choices but not including my reason, so I chose 'other' and typed 'because I'm afraid you'll go bust'. What did other people say? Hasn't this pop-up always been there? That pop-up post withdrawal has been around a few weeks. It used to only pop-up if you withdrew your entire balance but now it comes up regardless of the size of your withdrawal.
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chris1200
Member of DD Central
Posts: 827
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Post by chris1200 on May 12, 2020 9:43:12 GMT
Hasn't this pop-up always been there? That pop-up post withdrawal has been around a few weeks. It used to only pop-up if you withdrew your entire balance but now it comes up regardless of the size of your withdrawal. Weird - I think I've had it every single time I've withdrawn on RS since way before the current situation (including smaller amounts). I remember because of how annoying I've always found it (I've always just clicked 'skip'). Maybe it's been different on different accounts for some reason.
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Post by shanghaiscouse on May 12, 2020 9:58:10 GMT
I've been making daily withdrawals for about the last 6 weeks and I think first time I saw it, I never get the chance to withdraw full balance unfortunately....
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starfished
Member of DD Central
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Post by starfished on May 12, 2020 10:41:38 GMT
Saw it for the first time about 3 or 4 weeks ago? Before the rate reduction, as I nearly mentioned the recent website changes then decided to skip as I had already complained about that. Not seen it since and I have withdrawn a number of times since then.
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k6
Posts: 160
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Post by k6 on May 12, 2020 10:54:46 GMT
Rates better somewhere else
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Post by cinereus on May 12, 2020 12:01:43 GMT
Bemused why anyone would choose otherwise.
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jetset
New Member
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Post by jetset on May 12, 2020 14:19:06 GMT
This has been asked for months when I've made many withdrawals. You just skip it. I don't see the point.
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beagle
Investor in ratesetter, funding circle, lendy (lesson learnt) and AC
Posts: 670
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Post by beagle on May 12, 2020 14:44:40 GMT
This has been asked for months when I've made many withdrawals. You just skip it. I don't see the point. exactly, been around for ages that survey.
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chris1200
Member of DD Central
Posts: 827
Likes: 508
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Post by chris1200 on May 12, 2020 15:50:31 GMT
Glad I'm not the only one that thinks this has been around for ages!
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